NASDAQ:ZS - Zscaler Stock Price, Forecast & News

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler Inc (NASDAQ:ZS) announced its earnings results on Tuesday, December, 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.11. The company had revenue of $93.59 million for the quarter, compared to analyst estimates of $89.81 million. Zscaler had a negative return on equity of 11.23% and a negative net margin of 11.45%. Zscaler's quarterly revenue was up 47.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.01 EPS. View Zscaler's Earnings History.

Zscaler is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Zscaler.

Zscaler updated its FY20 earnings guidance on Tuesday, December, 3rd. The company provided earnings per share guidance of $0.13-0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. The company issued revenue guidance of $405-413 million, compared to the consensus revenue estimate of $403.00 million.

19 equities research analysts have issued twelve-month target prices for Zscaler's shares. Their forecasts range from $40.00 to $89.00. On average, they expect Zscaler's share price to reach $62.11 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Zscaler.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 2 sell ratings, 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Zscaler.

Press coverage about ZS stock has been trending somewhat negative on Monday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Zscaler earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Zscaler.

Zscaler saw a increase in short interest in December. As of December 13th, there was short interest totalling 14,600,000 shares, an increase of 5.3% from the November 28th total of 13,860,000 shares. Based on an average trading volume of 2,410,000 shares, the short-interest ratio is currently 6.1 days. Approximately 22.2% of the company's stock are short sold. View Zscaler's Current Options Chain.

Some companies that are related to Zscaler include Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), Obic (OBIIF), EPAM Systems (EPAM), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), PROS (PRO), Endava (DAVA), Sogou (SOGO), Perficient (PRFT), Virtusa (VRTU), Formula Systems (1985) (FORTY) and Glu Mobile (GLUU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Twilio (TWLO), Okta (OKTA), Alibaba Group (BABA), Square (SQ), salesforce.com (CRM), Netflix (NFLX), Trade Desk (TTD), Paypal (PYPL) and Walt Disney (DIS).

(ZS) raised $110 million in an initial public offering on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.56%), United Capital Management of KS Inc. (0.02%), Red Spruce Capital LLC (0.02%), Virginia Retirement Systems ET AL (0.01%), Alpine Global Management LLC (0.01%) and Wedbush Securities Inc. (0.01%). Company insiders that own Zscaler stock include Amit Sinha, Andrew William Fraser Brown, Charles H Giancarlo, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View Institutional Ownership Trends for Zscaler.

ZS stock was sold by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC and Optimum Investment Advisors. Company insiders that have sold Zscaler company stock in the last year include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View Insider Buying and Selling for Zscaler.

ZS stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., United Capital Management of KS Inc., Red Spruce Capital LLC, Virginia Retirement Systems ET AL, Alpine Global Management LLC, Sciencast Management LP, Nwam LLC and FNY Investment Advisers LLC. View Insider Buying and Selling for Zscaler.

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ZS stock can currently be purchased for approximately $56.04.

Zscaler has a market capitalization of $7.17 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.View Additional Information About Zscaler.

The official website for Zscaler is http://www.zscaler.com/.

Zscaler's mailing address is 110 ROSE ORCHARD WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]